• Address
    The Ziggurat, Grosvenor Road, St Albans, AL1 3AW
  • Price
    £18,000,000
  • Yield
    n/a
  • Sector
    PD Scheme
  • Size
    101,000 Sq Ft
  • Lease Term
    Vacant office. PD rights for 127 flats.
  • Client
    Property Company/Developer
  • Type
    Acquisition

The Ziggurat – St Albans

The property is situated on the north eastern side of Grosvenor Road, just to the north of its junction with London Road (A1081). The property is located in a predominantly residential area.

St Albans City train station is less than 200 metres to the north of the property. The property comprises a vacant office building set over ground and seven upper floors, commanding extensive views over the City and surrounding countryside. Parking is provided on-site for up to 62 vehicles. The property is located on a 0.36 hectares (0.89 acres) plot and extends to a gross internal area of 9,512 sq m (102,387 sq ft).

Order 2013 was approved on 22nd January 2015 (Ref: 5/2014/3337) for: “Change of use from Class B1 (offices) to Class C3 (residential) to create 26 studio, 65 one bedroom and 38 two bedroom apartments.”

Contacts

Steve Orzel

+44 (0)20 7112 8571

Anthony Friedman

+44 (0)20 7112 8572